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20121205
20121213
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CNBC 11
CSPAN2 7
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CSPAN 2
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English 29
Search Results 0 to 28 of about 29 (some duplicates have been removed)
CSPAN
Dec 6, 2012 9:00am EST
mornings to talk about the wind energy industry and the importance of the trucks tax credit. but before -- and the importance of the production tax credit. before i begin i'd like to associate myself with the majority leader's remarks. we do need to extend the tax cuts for the middle class as soon as possible. that's clearly the message the american people sent on november 6 in the nationwide election that we had. i also want to respond to the comments and the conversation between the two leaders over the debt ceiling limit. it's important to recognize that when we raise the debt ceiling all we are doing is keeping faith with what congress has already appropriated, what congress has already made clear we will spend on behalf of our country and all the various ways that the federal government operates. we cannot afford to have a situation like we had august before last where we dallied and we literally shot our economy and ourselves in the foot by not extending the debt ceiling. we saw one of the rating agencies lower our national rating; first time in history. there is a way to do this
FOX Business
Dec 8, 2012 12:00am EST
of apple fell 2%. >>> thanks to a study by the department of energy the u.s. may be closer to approve natural gas exports. data shows it could improve th economy by $47 billion in 2020. we need that. sounds like a win-win. we have the ceo of bright link oil and gas. chris, thanks for joining us. >> thank you. melissa: what do you make of this report? first of all, do you buy it? do you think it's possible? >> i dohink it's psible and i'm glad to see it come out. what it really does now it shows overhe 12 different enarios that the government study investiged each one of those scenarios came back and said america will benefit and have a positive economic gai if we export lng offshore to europe, and or asia and to other countries that need our gas. melissa: we have so much natural gas unlocked as a result of fracking, the problem is, intellectually, emotionally we can never wrap our heads on exporting energy. we're sure we have to keep it all for fraaking,ç problem isç intellectually wrap our heads aroundzv exporting energy. weypúre sure to keep itç all for ourselves.ç do you t
CSPAN
Dec 6, 2012 6:00am EST
on the united states because we still get a large part of our energy from the region. i traveled to azerbaijan an armenian in early september. and i also stopped in georgia and met with the president. when i talked to these leaders, iran was one of the things that came up at the very beginning, because they'll feel the influence and the aggressive attitude underneath cover so to speak of iran. in particular, i think azerbaijan feels a great deal of concern, and when i talked to the president, members of parliament and others, it was readily apparent to me that they thought that there ought to be closer ties between azerbaijan and the united states, and georgia, and hopefully armenia. because iran is really trying to destabilize or undermine those governments are we believe that is their long-term goal. iran has been involved in terrorism as we know for some time. it's partly unique in that area. we have seen the i-beam regime operating through organizations such as republican guard and employ such tactics around the globe including right here in washington, d.c. however, the proximity of the s
CNBC
Dec 7, 2012 6:00pm EST
, petroleum-based fuels, but i think this is huge. the energy from the stove can also be used to charge your cell phone or other electronic devices. can you imagine the millions of people in the northeast that were without power and gasoline in hurricane sandy had these camp stoves handy? the blackout would have been a lot more pleasant and i wouldn't have had to worry every minute that my phone would die, which was really my chief -- when i was trying to do this phone downtown. my phone kept dying. plus of course there are billions of people in the developing world who don't have access to power but they do have access to cell phones that need charging and they cook using wood-burning fires every day. which is why biolite's also testing a large stove for homes that produce electricity. this is an amazing invention and i think it could change the lives of billions of people. which is why i'm thrilled to have biolight's ceo and its chairman here with us tonight to talk about the revolutionary products. mr. sear, mr. levy, welcome to "mad money." >> thanks very much. >> good to see you. >> goo
FOX Business
Dec 10, 2012 1:00pm EST
we've become the king of fracking but americans get very insecure about exporting energy. >> but the good news you started with, yes we have more natural gas than we even know, melissa. there is so much there. we have the technology, we have the people. we have the financial wherewithal to produce how much we're allowed to produce, that is the key word. how much are we allowed to produce. this is a government-run market now. it is not a free market. it's a government-run market. so where is the government on your question? melissa: yeah. >> we don't know. melissa: we don't know. >> there has been no leadership. melissa: we don't know although that they are hostile to a certain extent. $47 billion is a lot of money obviously. that would create a quite a lot of jobs, right? they reilly turned down ss many jobs and revenue when the economy is hurting so much. >> and it is not just export% lng. my bottom line, yes, we should export lng if we have a market out there to serve but let's do even more with natural gas. let's make natural gas into transportation fuels, cng, compres
CSPAN
Dec 12, 2012 5:00pm EST
. unifying solutions. of my health is the senators willne devote much more of their energies to governance. in a perfect world we would not only govern, we would execute a coherent strategy. that is a very high bar for a in legislative branch to clear. wih we must aspire to it and pside cooperation with the president because we are facing fundamental changes in the world that will deeply affect american security and standard of livingt the lists of such changes as o long, but its starts in asia ina with the rise of china and india economic, political, and military powers. the obama administration has pot conspicuously an ounce to pet it to asia. at the center of this bid is china, which exists as both an adversary to certain u.s.lowrave interest and a fellow traveler,n sharing mutual goals andthe vulnerabilities on others. the ongoing challenge will be for the united states to disceri , sometimes issue by issue whether china is an adversary or partner. i this calibration will impact a d america's relations with the rest of asia, and may ultimately determine prospects for war or peace in th
CNBC
Dec 12, 2012 6:00am EST
in engineering and math. it's not in financial services. >> where are you on energy in this country? >> where are we? >> where are you? in terms of fracking, in terms of things that -- and i've seen you've been financing. >> one of my directors, i want to say we don't have an energy policy, yes, we do, it's just a bad one. the united states has been one of the most profitable energy nation on this planet. we never put a rational energy policy that changed the cost of btu, gas taxes, however you want to do it fairly, it's hard to do fairly because people in north dakota use coal and people in maine use hydroelectric. but if you did raise it, you would have created a less volatile market and you would have created a huge market of energy. it's hard to put hundreds of billions into alternative energy, if oil would go back to 50. it is. you're just not going to get that kind of investment. we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that c
CNBC
Dec 10, 2012 4:00am EST
, canada has given china's state-run energy firm cnoc the okay to buy nexen. >> some are calling this pivot towards china after a lot of back and forth. ottawa over the weekend approved china's largest foreign takeover ever. cnooc has been given the green light to acquire canadian energy company nexen for $15.1 billion. now, the cnooc deal is the one getting all the attention. here is why. it would give a huge china eeps state run enterprise a firm foothold in canada's oil sands. third only behind saudi arabia and venezuela. it was not an easy decision for the prime minister and his conservatives. he had to walk a fine line, appearing open to investments and diversifying canadian energy exports away from the u.s. but not appear to go be giving china control of northern albert ya's oil sands. so he will allowing the deal, but harper says this is not a garage sale and he will not give an approval the next time to foreign state observed enterprises. >> a series of large scale, controlling transactions by foreign state-owned companies could rap idealy transform this industry from one that is es
FOX Business
Dec 6, 2012 1:00pm EST
reports of a takeover of walter energy out today. >> that's right. we'll look at walter energy. walter energy is gaining on this market speculation on this news that bhp billiton is considering a cash bid for the u.s. coal producer, walter energy. that is why we're, at $55 a share. again these are according to reports, spokesman at hp headquarters that the report was market speculation. certainly enough to keep things moving around there. bhp shifted focus and cutting costs across the board. walter got a nice pop on the market speculation. pack to you. melissa: nicole, thanks so much. oil extending losses for the third day in a row. what is sending it lower? we head to the pits -- i'm sorry? lori: over here. melissa: okay. we head to the pits of cme. fox business contributor phil flynn price futures group to find out. >> i'm here. i'm right here. 86, we're just below 86, back above 86, the lowest level in three months. a lot of it being driven by lower gasoline prices. but also concern about the darn ecb. mario draghi talking about the slowing economy but saying he is not doing a heck
FOX News
Dec 7, 2012 6:00am PST
. it sits on four tetonic plants on top of each other releasing massive amount of energy. the place is hit by 20% of the world's earthquake with magnitude six or higher. if we get more details we'll bring them to you here on "america's newsroom". martha: we'll talk about the jobs number that came in this morning. this is the november number. down to 7.7%. that is the lowest number we've seen since december of 2008. but the internal numbers look like this. the labor department says that 350,000 people dropped out of the workforce and stuart varney feels that number is very significant. he joins me now. host of "varney & company". good morning, stuart. >> morning martha. bill:. martha: talk to me about both those numbers. >> that 7.7% rate first announced that was a surprise. it had not been expected to go down. then you dig within the numbers you come up with that very important number, 350,000. that is by how many people the labor force shrank, contracted. when you take out 350,000 from the total workforce, then you do get the unemployment rate coming down. so that number, 350,000. that is
CSPAN
Dec 7, 2012 6:00am EST
business with key sectors in the iranian economy, with energy and shipbuilding and shipping and ports, this amendment that would shut down businesses that are involved in sectors which fund the proliferation activities of iran, of that regime, is crucial. in addition, the amendment is going to prohibit business with all designated persons connected to the iranian government. it bans trade and commodities used, it is designed to stop iran from busting sanctions by receiving payment in gold or using oil payments in local currency to buy gold. we have got to stop an effort to water down these sanctions. i say that because i remember the votes in the past, i remember our effort on the central bank. it was only because we got unanimous votes because we got so much sport that we were able to deploy those. let me add there's another portion of the amendments here that targets the regime for their human rights abuses and i think one of the areas where we have really been short, for those of you who talked to those who have been in the prisons, who have experienced the torture, seen the murder
CNBC
Dec 7, 2012 4:00am EST
. aaron, nhk is reporting a one meter high tsunami wave. what are the nuclear authorities and energy authorities saying right now? >> we just reported that, that's right, that's coming off nhk. what we're hearing from all the nuclear operators, that all northeastern stations are operating normally or all shut down actually. nuclear power says there is it no spike in radiation levels. and the one so badly damaged last year, there's been no changes with the cooling system and no irregularities inside the reactors. and the station nearby, a similar story. and that extends to the other stations up the coast. >> reuters is now quoting saying tokyo electric power has ordered workers to evacuate the fukushima nuclear plant. would that be a standard procedure or not? >> we're checking in with them. my guess would be a precaution. because there is a tsunami warning out. but it would be nothing of the magnitude of last year's tsunami and i doubt that it would affect the plant. having visited the plant myself. >> and we know the damage that happened last year. how has that left the -- how has i
CSPAN
Dec 7, 2012 5:00pm EST
to inject some energy in the right place at the right time. next appear will be senator sam nunn, longstanding german and senate armed services who understands our country and national security as well or better than anybody that i have ever worked with. thanks to pete peterson for getting this group together and for so much else and for michael and the peterson foundation have done in terms of bringing attention to the fiscal challenge we face and mobilizing support for the rational and moral mullen thank you for the tremendous leadership and for the citizens and the recent months you have led the statement that basically the biggest risk that we have to national security is our debt and unsustainable fiscal policy is one that i totally endorse and agree with and i commend you for making it because your impact is very powerful so that is my first point. my second point is that even if we avoid the short term debt crisis, the so-called cliff, and i hope that we will, the interest on debt in the years to come will increasingly dominate the budget and pressure defense in a very ser
CNBC
Dec 12, 2012 4:00am EST
at the hotel that you have question marks about the energy security story in the states. >> you know, that's right. i think we are seeing supplies go up. north america, united states, canada, mexico, they've seen significant growth in oil supplies. this year one of the few areas, next year, for a few years to come. is it something that it creates supplies to flood the world's market? no. it's going to create supplies that the world market needs. if you think about the low level of automotive transportation, penetration and emerging markets, again, this longer term story, you'll add more oil coming out of the u.s. you get more demand coming. we're going to need every barrel. >> reporter: where is the price going in 2013? >> i think we'll be higher for brent, quite a bit higher for wti. and that's because we're going to see the narrowing of that brent/wti spread as the seaway pipeline comes on line. and those barrels start flowing at a cushion to the gulf. >> reporter: one last question. the fiscal cliff, we talk about it, historical, dollar down, commodities up. i see less bang for the buck
CNN
Dec 11, 2012 8:00am PST
could have dramatic cuts in things like homeland security and the energy department and the interior department. if you cut those programs out entirely, yeah, you'd saved $80 billion, but that's only a small fraction of the deficit. that's why the talk is largely about this back row, where the big-ticket items reside, such as social security, health and human service, home to medicare and medicaid and to defense. each one of these accounts for more than $700 billion in spending. so, yeah, if you could find a way to somehow chop about 25% out of each program here, you'd get real savings, about $500 billion. but doing that would be unbelievably tough. the simple truth is, some of them are protected from cuts. social security is something that democrats and republicans alike have been very afraid to go after. the social programs are very much protected by democrats and the republicans are equally protected of defense. that's why these talks are so tough. the simple truth is, every program in this room has constituents who will fight tooth and nail to hold on to the funding. but there is
CNBC
Dec 6, 2012 6:00am EST
to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be add that if you'relogical looking for energy independents you would keep some of the stuff here but i understand if you're looking at it from the prism of jobs this is something you want to tackle. >> we're a free trade country and part of it is you don't make a rule that says why can't regoing to say the food companies can't sell, can't export. you got to be willing to permit exports especially when as in the case here there aren't many things where the american price is a fifth of the world price. that's a huge opportunity. >> there was one line and i just want to throw it out to you that said they were talking about who doesn't want to
CSPAN
Dec 7, 2012 1:00am EST
, observe energy is a leading character in good government. the president must lead in a divided government and must not advocate his or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson-bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more rev
CSPAN
Dec 7, 2012 11:00pm EST
, with those comments, again, as a strong supporter, because of energy and environment, because of congestion, still remain dedicated to moving positive inner city passenger rail and particularly high-speed service as the united states is falling further behind and must lead the pack instead of being behind the pack. with those quick comments, let me go the patient ranking member who is so nice to me yesterday. i have to be very nice today. >> thank you, mr. chairman. i've disappointed -- i know -- >> never going to hang there. >> nothing can move don young from the center. >> nothing. >> takes five people to move. >> that's right. >> so, thank you mr. chairman. mr. chairman, i've been involved in the issue of high and higher speed rail since early on in my career, in the 90s, al swift on the appropriations committee, designated the first proposed five high-speed rail routes in america and one of them was from eugene, oregon to vancouver, british columbia, and we will hear a bit later from paula hammond this secretary of transportation in my state, who will describe our progress, or lack ther
CNBC
Dec 11, 2012 6:00am EST
and number four. energy was three. six, seven and eight was all about taxes, and the loss of capital, the growth of business, and tax code complexity. i mean, those are -- those are important issues for the small businesses out there. no question about it. like to know something about what's going on. >> okay. so we go -- let's say that this is resolved, that what we have facing us, some way or another, do you expect that it will come off of these lows that you're seeing? >> well, i think that we'll have to see how the economy evolves. since 80% of the declines in the index was about expectations for business conditions, and poor expectations for real growth, and your sales, that means that the small businesses are going to sit tight. they don't expect more customers so they're not going to hire, and that, of course, showed up. all the other components of the index stayed at recession levels. here we are at this very, very low level of optimism, consumer optimism tanked along with the owner optimism. and a lot of them are going to be affected. i mean, the president said only 3% of sm
CNN
Dec 11, 2012 2:00am PST
a cute, younger guy. cramer becomes addicted to 5-hour energy and george's parents get skype. in another tweet, get this, jerry breaks up with a beautiful woman because she favorites every one of his tweets and cramer and newman start a podcast. >> so easy to assemble a monkey could do it. check this out. a monkey in a coat was spotted roaming around an ikea in toronto. a bunch of tweets went out, one asking, anyone lose their monkey? the answer, yes, the owner was apparently shopping inside the store and the monkey managed to get out of his crate and out of the car. animal control captured darwin, the 7-month-old primate. since monkeys are banned as pets there, guess what, he loses his monkey. >> it would be malpractice with us not to share it. >>> the late-night talk show hosts got caught up in this monkey business as well. take a look. >> this is true. a tiny monkey wearing a winter coat was found wandering around an ikea. do we have a photo of the monkey? look at that, that's real. a monkey wearing a coat. >> that's a sheerling coat. >> that monkey still has a better chance of assemb
CNN
Dec 11, 2012 4:00am PST
feel, man, how fortunate are we, we can still do this, we're healthy, the energy is there, the fans want to come and see the band and that just gives you the wherewithal to give it 150%. >> what are the rehearsals like. everyone is off doing their projects and you came together to do rehearsals. >> the rehearsals for me the most fun part of the process we get to play all of the songs we never bring to the stage so we rehearsed something like 75 to 80 songs in paris. when you go on stage you'll cut that down to 22, 23 songs. >> you're the guy who does the song list. you really pick the playlist. >> i help with it. it's not all. >> a little modest on that. >> no, it's not all me but it's fun to work with the guys on that. >> how do you pick when you have 400 songs in your potential playlist? >> not easy, i'll tell you, but you'll have iconic songs that you're going to do that the fans want to hear but the fun part is trying to bring in the odd ones, the ones that are a little obscure that people, the hard core fans really want to hear. so it's something like "can't you hear me knockin
CSPAN
Dec 8, 2012 10:00am EST
and vietnam had a new dispute over the energy exploration. and vietnam accused a chinese fishing boat of cutting off the cable of the vietnamese vessel. mr. secretary, how would you respond to this new development? and also, why are many people accused of -- accuse chinese reaction of more assertive? do you think exploring in a dispute order -- the energy in a dispute order is a good behavior to calm down a situation over there? thank you. >> let me say, and this relates to the earlier question, obviously we have seen these new regulations having been issued in hainan. they do raise some concerns not just in the united states but regionally. we have gone in at high levels and asked for clarification and underscored our overall policy of seeking to avoid provocations and to maintain peace and stability more generally. one of the challenges that we face, and richard alluded to it, is that many people believe that some of these areas involve very potentially rich resources and reserves of natural gas and petroleum. i think, in certain circumstances in the south china sea and elsewhere, w
CNN
Dec 11, 2012 11:00am PST
of its domestic energy boom and more oil and gas gets extracted. the drop in the price of natural gas is already helping utilities and factories compete. that's creating more american jobs. and there is more. housing will be the golden lining to the economic cloud that is hanging over this country. mortgage rates are at historic low and should stay that way for the next two years but home prices have seen their bottom and are heading back up. when they do, confidence goes up too. most americans continue to build their wealth through home ownership. all of these things put together could launch another economic boom with real prosperity for years to come. we need to play our cards right. elected officials in washington shouldn't mess things up by failing to reach a deal to avert the fiscal cliff. but still, don't let it stop you from being really optimistic about the future. delta will buy up a 49% stake in virgin atlantic for $360 million. the deal creates a new joint venture between the two airlines spanning the atlantic ocean, virgin's founder sir richard branson is keeping his 51%
CNBC
Dec 5, 2012 6:00am EST
. also kevin book who is managing director at clear view energy partners. and joe, let's start off talking about the dollar. i can't make heads or tails of why the dollar is under so much pressure. i know things are bad here, we're worried about the fiscal cliff. but look at what's happening in europe and it doesn't really create a whole lot of feeling about why it should be at these levels. >> the dollar has been reactive. the dollar and euro have been reactive for four years now. to almost the same stimulus, the same motivation for the traders. and that's whether people need safe haven, whether they need to move to treasuries and other things. and it's the same issue here. when things look bad in the summer. when spanish rates are up about 7.6%, then everyone is fleeing to the dollar. you get a lot of long dollar positions in the currency markets. and all that happens is when that subsides, then those positions are unwound. you're not really looking at a new trend here. you're not seeing something that has changed traders' minds about whether the dollar is getting better, whether
CNBC
Dec 10, 2012 6:00am EST
good thing. the amount of energy that's spent on trying to optimize your tax payment, as opposed to managing your business, is a tradeoff we shouldn't be making. so i agree with you entirely on that. i think the other piece of this is getting to entitlements. >> hmm. >> frits, want to thank you very much for coming in. >> my pleasure. >> coming up we're going to talk to an analyst about the surprising same-store sales numbers that we got from mcdonald's. plus jim cramer on other stocks you need to watch. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ welcome to the world leader in derivative
Search Results 0 to 28 of about 29 (some duplicates have been removed)